Godrej Consumer is likely to post another steady quarter. The company's net profit may rise 20.8 percent at Rs 319 crore in October-December from Rs 264 crore in year-ago period. According to CNBC-TV18 poll, Q3 revenue is seen climbing 8.2 percent at Rs 2420 crore against Rs 2236 crore (year-on-year).
During the period, EBITDA may rise 13.3 percent at Rs 452 crore versus Rs 399 crore and EBITDA margins may be at 18.7 percent versus 17.8 percent (Y-o-Y).
Domestic business is expected to grow 8 percent while international operation may see 8.6 percent growth. Volumes are expected to see slight mitigation to account for Tamil Nadu floods while margins may expand owing low input costs and cost efficiencies.
Analysts polled by CNBC-TV18 say growth may be led by soaps and home insecticides while revenues growth to be driven majorly by volumes. They see 4-6 percent growth in soaps segment, hair colour could see growth of 5-11 percent while home insecticides business may grow 10-14 percent.
Key factors to watch out in Q3 will be performance of ‘Darling’, its African unit, Indonesian performance (which has been lack luster and on high base) and Europe, Latin America may show steady growth. Management's views on increase in competitive intensity and demand outlook in urban and rural areas will also be keenly watched.
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